CERT Stock | | | USD 11.05 0.69 6.66% |
Certara financial indicator trend analysis is way more than just evaluating Certara prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Certara is a good investment. Please check the relationship between Certara Price To Sales Ratio and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Certara. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Certara Stock please use our
How to Invest in Certara guide.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Certara Price To Sales Ratio account and
Pb Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Certara's Price To Sales Ratio and Pb Ratio is 0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Certara, assuming nothing else is changed. The correlation between historical values of Certara's Price To Sales Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Certara are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Certara's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Certara stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Certara sales, a figure that is much harder to manipulate than other Certara multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Pb Ratio
Most indicators from Certara's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Certara current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Certara. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Certara Stock please use our
How to Invest in Certara guide.At this time, Certara's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 144.46 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Certara fundamental ratios Correlations
Click cells to compare fundamentals
Certara Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Certara fundamental ratios Accounts
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Additional Tools for Certara Stock Analysis
When running Certara's price analysis, check to
measure Certara's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Certara is operating at the current time. Most of Certara's value examination focuses on studying past and present price action to
predict the probability of Certara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Certara's price. Additionally, you may evaluate how the addition of Certara to your portfolios can decrease your overall portfolio volatility.